World Bank Group

The World Bank Treasury provides advisory services and training to official sector investment managers to help countries efficiently manage foreign currency reserves and other investment portfolios. The focus is on building a governance and risk management framework that balances return objectives with prudent risk management and controls. Engagements typically last three years and target broad institution-building of investment management operations. The World Bank Treasury has over 20 years experience in consulting and capacity building with official sector asset managers and manages approximately over $100 billion in assets for over 40 World Bank Group and other official sector institutions.

Organization

Five Agencies, One Group

The World Bank Group consists of five organizations:

The International Bank for Reconstruction and Development (IBRD) lends to governments of middle-income and creditworthy low-income countries.

The International Development Association (IDA) provides interest-free loans—called credits— and grants to governments of the poorest countries.

The International Finance Corporation (IFC) provides loans, equity and technical assistance to stimulate private sector investment in developing countries.

The Multilateral Investment Guarantee Agency (MIGA) provides guarantees against losses caused by non-commercial risks to investors in developing countries.

The International Centre for Settlement of Investment Disputes (ICSID) provides international facilities for conciliation and arbitration of investment disputes.